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Tuesday, November 25, 2014

Charts $fb $aapl

Dear FB, stop fighting it. Go to your weekly 38 sma, to where you belong. (At least for a spell. Just do it. DO IT. Moves like today don't support my selfish needs!)

Last time aapl broke out of its mega-trend, the stock retraced the declined from the trendline as much as it appreciated. (Valuations be damned!) Shall we expect the same? Sure, why not. (Although at the trend line, the Apple gets really juicy.)